Much work remains in Sino-US trade negotiations

China and the United States have made new progress in negotiating the text of an economic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.

Negotiating teams from the two countries are hashing out the text of the deal, including an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.

The remarks came as the world's two biggest economies have been intensifying their consultations and aiming to break the deadlock in a timely manner.